HDFC Mid-Cap Opportunities Direct Plan-Growth
PB Recommended Equity Mid Cap
PLAN: GROWTH TYPE : OPEN-ENDED OPTION: Growth
1 Yr return
4.16%
3 Yrs CAGR returns
8.17%
5 Yrs CAGR returns
9.93%
NAV as on 20 Nov
₹ 56.31 by 0.13 ( 0.24%)
Expense ratio
1.20
Fund Size (Cr)
₹ 22825.43
If ₹5000 invested for 1
Estimated returns*
₹ 0
with % annual returns
* The calculator, based on assumed rate of returns, is meant for illustration purposes only.More
The calculations are not based on any judgments of the future return and should not be construed as promise on minimum returns. Information gathered and material used in this calculator is believed to be from reliable sources. Paisabazaar however does not warrant the accuracy, reasonableness and/or completeness of any such information. While utmost care has been exercised while preparing the calculator, Paisabazaar does not warrant the completeness or guarantee that the achieved computations are flawless and/or accurate and disclaims all liabilities, losses and damages arising out of the use or in respect of anything done in reliance of the calculator.
The scheme seeks to provide long-term capital appreciation/income by investing predominantly in Mid-Cap companies.
Tax Implications
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
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| Top 10 Sectors | % |
|---|---|
| Financial | 22.7 |
| Engineering | 10.76 |
| Chemicals | 10.37 |
| Cons Durable | 9.32 |
| Health Care | 7.79 |
| Others | 7.03 |
| Automobile | 7.01 |
| FMCG | 4.96 |
| Technology | 4.86 |
| Services | 4 |
| Top 10 Sectors | % |
|---|---|
| Others | 7.16 |
| Hire Purchase | 4.38 |
| Organic Chemicals | 3.67 |
| ACs & Refrigerators | 3.33 |
| Tyres & Tubes | 3.27 |
| Fasteners | 3.25 |
| Banking | 3.09 |
| Retailing | 2.97 |
| Hotels & Restaurants | 2.8 |
| Drugs & Pharma | 2.67 |
| Fund House | HDFC Mutual Fund |
| Fund Manager | Chirag Dagli |
| Fund Setup Date | 01 Jan 2013 |
| Address | 'HDFC House'-2nd Floor, H.T. Parekh Marg - 165-166, Backbay Reclamation, Churchgate |
| Contact | 1800 3010 6767 / 1800 419 7676 |
What is HDFC Midcap Opportunities Fund?
HDFC Midcap Opportunities Fund is an open ended mutual fund with investments in mid cap equities. An open-ended fund is one in which an investor can purchase or sell equity stocks any time and can invest periodically. SEBI classifies companies, on the basis of capitalization, in to large, small and mid cap.
HDFC Midcap Opportunities Fund follows the strategy of investing in bottom up stocks with sustainable business models that have the potential for value growth and capital appreciation. It invests about 65% in quality mid-cap stocks and also bets a significant share in large cap companies. It also has overseas investments and invests in equities and equity-related securities. The associated risks are moderately high.
Who Should Invest?
- Investors seeking long term capital appreciation
- Investors who can tolerate moderate risks
- Investors ready to invest in mid cap stocks or mix of mid cap and large cap
What You Gain?
Good returns can be earned in the long term through equity investments in mid cap stocks, of which the share prices shall increase gradually with the markets fair better
About 25% of the fund is invested in large cap stocks of leading businesses with good cash flow, thus ensuring high returns and dynamic portfolio of investors
What You Could Lose
- Mid Cap Equity Funds may perform poorly in a bear market
- It may underperform in the short term and has shown inconsistency in recent years
Investment Portfolio
HDFC Mid cap Opportunities attempts to achieve maximum portfolio construction by investing in stocks of mid-cap companies that have reasonable growth aspects, sound financial strength and acceptable valuation that promise better capital appreciation in a bull market.
It invests primarily in sectors of Chemicals, Pharmaceuticals and Banks. Its major holdings include Voltas and City Union Bank. It has given superior return-risk profile and outperformed the benchmark as well as its peers. Although it invests in large cap shares also, its focus has always been on the core mid cap equities and recently they have further cut down on large cap stocks to increase investment in mid cap mandate.
Taxation – How will they be taxed?
The long term capital gains, over and above Rs 1 lakh, made on sale of units after 1 year from the date of allotment will be taxed at the rate of 10% (without indexation). On the other hand, the short-term capital gains made on sale of units within 1 year from the date of allotment will be taxed at the rate of 15%.
How to invest in HDFC Midcap Opportunities Fund?
- Sign Up/Sign In to Paisabazaar.com and go to ‘Direct Mutual Funds’
- Click on the section of ‘Mid Cap Funds’
- Type and search directly by the name of HDFC Midcap Opportunities Fund. Once it opens up, look at the details. You can also compare similar funds as well as use Returns Calculator
- Click on ‘Invest Now’, select either Lump sum or SIP
Why should you choose Paisabazaar?
- Trusted website, no commission charges and no paperwork
- You can compare more than 1,700 Funds at one platform instead of visiting the website of each AMC (Asset Management Company) and then searching for numerous funds
- Easy to browse as Funds are segregated under Equity, Debt, Large Cap, ELSS, etc. You can further add filters of ratings, returns, fund houses.
FAQs
Q. What does mid cap fund mean?
A. Companies are categorised by SEBI into large, mid and small cap on the basis of their capitalizations. Funds investing in shares of mid cap companies are known as Mid Cap Equity Funds.
Q. Does HDFC Midcap Opportunities Fund come under Section 80C or offers tax benefits?
A. HDFC Midcap Opportunities Fund is not a tax saver fund and does not come under Section 80C. The taxation rules apply to it as applicable for all capital gains via mutual funds in long term and short term.
Q. Is it beneficial to invest via open-ended (lumpsum) or SIP?
A. SIP is considered efficient and convenient mode of investment that is good for long term investment. It also reduces financial burden as one needs to invest periodically and one can start with amount as low as Rs. 500 per month.
Q. What is Exit Load?
A. Exit Load is the fee charged from an investor when he decides to quit the scheme and redeem his money. Generally, there is some penalty charged only if funds are redeemed in less than 365 days, otherwise there are usually no charges.
Q. What is Expense Ratio?
A. It is the fee charged from the investor for managing his fund money and allocating it to the stocks that can help him earn returns.
Q. What is a Direct Mutual Fund?
A. A Direct Mutual Fund is where there is no broker/mediator involved to help the investor select the fund for investing. In a Regular Plan, the Expense Ratio is more than in a Direct Plan, as there are additional charges for the mediator.